Building Details

Year built 1978

Floors in Building 1

Flooring type Concrete

Building materials Brick, Stucco

Roof type Flat, Rubber

Listing Agency: Ruhl & Ruhl Realtors Show Phone

Listed By: Tri State Commercial Group . Show Phone

Added: Jan 29 Changed: Sep 12 Last Checked: Oct 5 at 2:06PM

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MLS# 153864

Copyright © 2026 East Central Iowa Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This retail property provides 5,655 SqFt of building area, including 1,655 SqFt currently available for lease. The remaining 4,000 SqFt is leased to The Riverview Center. The building was substantially renovated in 2019 and features brick and stucco construction, concrete flooring, forced-air heat, central air, two bathrooms, a flat rubber roof, and public water and sewer. The owner may consider dividing the available area under suitable circumstances.

A sealed and striped parking lot provides 53 spaces. The building is positioned on Industrial Drive in Galena, with nearly 11,000 cars passing daily. Commercial zoning supports the property's retail-space classification.

Key Highlights

• 1,655 SqFt currently available for lease within a 5,655 SqFt building
• Building renovated in 2019
• 53‑space parking lot was recently sealed and striped

Property Analytics

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Current Use

Riverview Center Social Service Agency The Fitness Foundry, LLC Gym & Fitness Center ATM Atm

Suggested Use

Top Pick Auto Repair Shop Electrical Service Plumbing Service Auto Parts Store Locksmith Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11,000 VPD

Traffic count

Multi-tenant

Tenancy

NNN (Triple Net)

Lease Type

$3.15 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

127

Businesses Nearby

66k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Superstores 56% Dining 28% Shops & Services 16%

Walmart Superstores

37,037 visits/mo 0.4 miles

Culver's Dining

16,355 visits/mo 0.2 miles

Murphy USA Shops & Services

6,446 visits/mo 0.4 miles

Dupaco Community Credit Union Shops & Services

4,040 visits/mo 0.2 miles

SUBWAY Dining

2,075 visits/mo 0.5 miles

Demographics for 61036, IL

7,111

Population

5,187

Households

1.4

Avg Household Size

54

Median Age

46%

College-Educated

97%

High-School Grad

95.8 sq mi

ZIP Area

74

Density / Sq Mi

$80,574

Median Household Income

$51,507

Median Earnings

$758

Median Rent

$258,100

Median Home Value

Market

Lease Benchmarks for Galena, IL

$15.4 /SF/Yr

Avg Asking Price

$8–$21 /SF/Yr

Price Range

1,828 SF

Avg Space Size

This space is priced 36% above the average of $15.4 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

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2,000 sqft

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Frequently Asked Questions

What type of property is this?

Retail space - Commercially zoned space with central air, public utilities, and a striped parking lot.

Where is this retail space located?

The property is located at 11358 Industrial Drive Galena, IL.

What is the lease rate?

The lease rate is $21 SF/Yr.

What are key features of this property?

This property features: 1,655 SqFt currently available for lease within a 5,655 SqFt building; Building renovated in 2019; 53‑space parking lot was recently sealed and striped